Prosper Portland Announces SEED Program Grant Recipients for 2023
Prosper Portland is pleased to announce the 2023 recipients [...]
Data Directions: Poverty Rates
Like all major American cities, Portland saw many business closures in the retail industry with the beginning of the pandemic in early 2020. We continue to see the effects of that shock on rent and vacancy statistics for commercial retail space.
Businesses recommitting to downtown Portland
Despite negative headlines, actions speak louder than words…and in this case, the actions are businesses signing new leases in downtown Portland.
Two new commissioners join Prosper Portland board
Prosper Portland is pleased to welcome Michi Slick and [...]
Data Directions: Retail Space Vacancy and Rental Costs
Like all major American cities, Portland saw many business closures in the retail industry with the beginning of the pandemic in early 2020. We continue to see the effects of that shock on rent and vacancy statistics for commercial retail space.
Prosper Portland awards $865,000 in Community Livability Grants
Significant projects include the renovation of Literary Arts’ headquarters [...]
Data Directions: Connect Portlanders to High-Quality Jobs in Future-Ready Sectors
The need for access to employment centers has driven Prosper Portland’s strategic investments in East Portland. In collaboration with other public partners, Prosper Portland has developed five-year action plans in two East Portland Tax Increment Financing (TIF) district to determine priorities and investments in affordable housing, home repairs, community amenities, commercial spaces for local businesses, or other eligible projects.
Prosper Portland awards grants for business diversity and inclusion
Fifteen local businesses representing Portland’s priority industry clusters – green [...]
Data Directions: Vibrant Central City
Continuing challenges due to the pandemic, perceptions of reduced public safety, and the increasing preference toward remote work have reduced the presence of employees and visitors in Portland's Central City.
Data Directions: Promote Equitable Wealth Creation
Staggering wealth inequality continues to be a significant challenge across the country. Multigenerational wealth created from property and business ownership drives much of this disparity; even gains in employment and income show little progress in erasing differences in wealth.